Archives: Solution Manual

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual E5-19A (10-15 min.) Requirements Solution: Req. 1 Beg. Bal. 97,000 Beg. Bal. 13,000 Req. 2 BALANCE SHEET Accounts receivable 74,000$ Less Allowance for uncollectible accounts (11,000) Accounts receivable, net 63,000$ 1. Set up […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual S5-1 (5 min.) Solution: Answer these questions about investments. 1. What is the amount to report on the balance sheet for a trading security? 2. Why is a trading security always a current […]

Chapter 14 Supervision and Consultation Focus Questions 1. How are counseling, supervision, and consultation similar? How are they different from each other? Points instructors may want to make: • They are similar in that counselors, counselor supervisors, and consultants o […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual P5-69 (15-20 min.) Requirements Solution: Req. 1 Beginning Allowance balance 990$ Req. 2 Beginning Acct Rec balance 9,900$ + Credit sales ($12,200 * 98%) 12,936 – Returns ($1,200 * 98% 1,176 – Write-offs […]

Chapter 13 Issues in Counselor Education Focus Questions 1. From an ethical perspective, what should the faculty members in graduate counseling programs tell prospective students about the program? Points instructors may want to make: • What the requirements are to […]

Exercise 5-31B, Obj. 2, 3, 4 Student Name Course Name Student ID: Date: Financial Accounting Students: Please fill-in areas that are shaded. This template uses drop- down menus to select accounts. Apply GAAP for revenue recognition, accounts receivable, and uncollectible […]

Chapter 12 Professional Relationships, Private Practice, and Health Care Plans Focus Questions 1. What types of interactions and relationships do counselors have to other mental health professionals who practice in their community? Points instructors may want to make: • To […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual P4-51B (10-20 min.) Requirements Solution: Requirement 1 Requirement 2 Requirement 3 a. Separation of duties 1. Identify the missing internal control characteristic in each situation. 2. Identify each firm’s possible problem. 3. Propose […]

Chapter 11 Evaluation, Testing, and Diagnosis Focus Questions 1. Evaluation as an end in itself is a very different process from counseling. Why would a counselor want to be an evaluator? Points instructors may want to make: • The skills […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual E4-21A (10-15 min.) Solution: DATE DEBIT CREDIT Mar. 31 Cash 320 Rent Revenue 320 EFT collection of rent. Journal ACCOUNT TITLES AND EXPLANATION Use the data from Exercise 4-20A to make the journal […]

Chapter 10 Counseling Families and Groups Focus Questions 1. How is confidentiality different when counseling couples, families, or groups, as opposed to counseling an individual client? Points instructors may want to make: 2. Why do think marriage and family counselors […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual S4-1 (5 min.) Solution: Define “fraud.” List and briefly discuss the three major components of the “fraud triangle.” Fraud is an intentional misrepresentation of facts, made for the purpose of persuading another party […]

Chapter 9 Counseling Children and Vulnerable Adults Focus Questions 1. How do you think legal and ethical requirements might come into conflict with each other when counseling minor clients? Points instructors may want to make: • Because laws reflect the […]

Exercise 4-19A, Obj. 3 Prepare a bank reconciliation F.L. Hardy’s checkbook lists the following: Date Check No. Item Check Deposit Balance Oct. 1 515$ 4622 Landry’s Café 25$ 490 9 Dividends received 125$ 615 13 623 City Tire Co. 160 […]

Chapter 8 Boundary Issues Focus Questions 1. Do you think a sexual relationship between a counselor and a former client is ever acceptable? Why or why not? Points instructors may want to make: 2. What are differences between a friendship […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual E3-37B (10-20 min.) Solution: DATE DEBIT CREDIT Dec. 31 Service Revenue 32,300 Other Revenue 1,000 Revenues Dec. 31, 2016 8,900 Expenses Dividends 25,800 33,300 700 2,100 Prepare the closing entries from the following […]

Chapter 7 Competence and Malpractice Focus Questions 1. What do you think should be done if a counselor becomes addicted to alcohol and is not counseling effectively? Points instructors may want to make: • If she impaired counselors are employed, […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual Req. 3 Personal advice will vary from student to student. The purpose of asking this question is to challenge students to take the high road of ethical conduct by having Chapter 3: Accrual […]

Chapter 6 Records, Subpoenas, and Technology Focus Questions 1. Why should counselors keep records? Points instructors may want to make: 2. Why is it important to carefully document events in emergency situations? Points instructors may want to make: • For […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual E3-76 (60 min.) Requirement Solution: a. Net income: Service revenue: ($161,000 + $1,650 + $32,200) 194,850$ Expenses: Salary ($37,000 + $3,500) 40,500$ b. Total assets: Cash 7,300$ Accounts receivable ($7,500 + $32,200) 39,700 […]

Chapter 5 Confidentiality and Privileged Communication Focus Questions 1. What do you think are the distinctions among the terms “privacy,” “confidentiality,” and “privileged communication?” Points instructors may want to make: • Privacy refers to the right of persons to decide […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual Cash 15,000$ Accounts payable 8,800$ Accounts receivable 18,600 Interest payable 600 Req. 2 Debt ratio: 30,100$ 69,200$ = Nicholl is in compliance with its debt agreement, which requires the company to maintain a […]

Chapter 4 Client Rights and Counselor Responsibilities Focus Questions 1. When a client holds values that conflict with the counselor’s values, can the counselor provide effective counseling services? Why or why not? Points instructors may want to make: • The […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual E3-20A (15-20 min.) Requirements Solution: Req. 1 DATE DEBIT CREDIT a. Insurance Expense 2,600 Prepaid Insurance ($300 + $2,900 − $600) 2,600 Req. 2 Net income understated by omission of: Interest revenue 2,400$ […]

Chapter 3 Ethical Practice, Multicultural Competence, and Social Justice Focus Questions 1. What does the term “culturally competent counselor” mean to you? Points instructors may want to make: • Counselors have an ethical obligation to be culturally competent. 2. In […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual S3-1 (10 min.) Solution: Millions a Sales revenue $ 900 a. How much was Carter’s net income for 2016? b. How much was Carter’s cash balance at the end of 2016? Chapter 3: […]

Chapter 2 Professional Identity of Counselors Focus Questions 1. How do you respond when your friends and relatives ask you what you are studying in graduate school? Points instructors may want to make: • Defining counseling as a profession that […]

Exercise 3-21A, Objs. 2, 3 Student Name Course Name Student ID: Date: 1 2 3 4 Beginning supplies………………………………. 2,500$ 600$ 700$ 700$ Payments for supplies during the year……. 500 900 Total cost to account for …………..……..….. 3,500 1,600 Ending supplies […]

Chapter 1 Introduction Focus Questions 1. Assuming that you are a moral and responsible person (as are most counselors), why do you think it is important for you to study ethical and legal principles and the decision-making process? Points instructors […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual Decision Case 1 (40-50 min.) Requirements Solution: (a) 7,000 (c) 1,300 (g) 8,000 (i) 1,200 (b) 6,000 (d) 1,800 Bal. 6,800 (a) 7,000 (d) 1,800 (f) 2,000 (f) 1,200 Rent Expense Salary Expense […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual P2-66B (45-60 min.) Requirements Solution: Req. 1 Bal. 2,100 3,400 12,400 7,500 5,600 4,800 a) 3,900 3,900 Issued stock + Type of Stockholders’ Equity Transaction Common Stock + 1. Analyze the effects of […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual E2-35B (15-25 min.) Requirement Solution: DEBIT CREDIT $14,300 12,400 17,200 800 52,000 1. Prepare the correct trial balance at September 30, 2016, complete with a heading. Journal entries are not required. Carver, Inc. […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual E2-20A (10-15 min.) Requirement Solution: ACCOUNT TITLES AND EXPLANATION DEBIT CREDIT July 6 Cash 148,000 Common Stock 148,000 Issued stock to owner. 9Land 66,000 DATE Journal 1. Record the transactions in the journal […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual S2-1 (5 min.) Solution: a. No (no dollars involved) b. Yes Indicate whether or not each item would be considered to be a transaction at Highpoint Lawn. Chapter 2: Transaction Analysis Page 1 […]

Exercise 2-23A, Obj. 6 Construct and use a trial balance Student Name Course Name Student ID: Date: Balance Balance Common stock………….….. 3,400$ Dividends…………………….. 16,800$ Accounts payable ………….. 2,200 Utilities expense ……………. 4,900 Service revenue……………… 5,100 Accounts receivable……….. 21,100 Land……….…………………… 600 […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual Req. 2 Net income Highest Bryant Corp. $14 $18 $1 Pearl Co. Loomis Co. Chapter 1: The Financial Statements Page 56 of 70 7$ 10$ 1$ $223 170$ 26$ Highest = 3.8% % […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual S 1-1 (5 min.) 1 Solution: 2 How do the assets and owners’ equity of Nike, Inc., differ from each other? Which one (assets or owners’ equity) must be at least as large […]

jlm Exercise 1-24A – Obj. 3, 5 Apply the accounting equation; construct a balance sheet Student Name Course Name Student ID: Date: Total revenue ..…..………..…..………..….. $37.9 Investment assets(long term)….…. $135.7 Receivables..…..………..………..…..……… 0.5 Property and equipment, net ….… 1.7 Current liabilities […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual E 1-40B (15-20 min.) Solution: Cash flows from operating activities: Net income 184,300$ Adjustments to reconcile net income to net cash provided by operating activities 1,500 1. Prepare the statement of cash flows […]

FINANCIAL ACCOUNTING – Eleventh Edition Solutions Manual E 1-21A (10-20 min.) Solution: 1 2 3 Total stockholders’ equity, January 31, 2016 ($53 – $15) $38 $38 $38 Add: Issuances of stock 12 088 Net income* 226 0 Less: Dividends declared […]

Chapter 20 – Accounting and Finance in the International Business 20-1 Accounting and Finance in the International Business Learning objectives • Discuss the national differences in accounting standards. • Explain the implications of the rise of international accounting standards. Accounting, […]

Chapter 12: Reading and Writing in the Content Areas I: Overview Students explore their special interests, develop research skills, and demonstrate their strengths when they read and write in the content areas. They learn to use the special features of […]

Chapter 19 – Global Human Resource Management 19-1 Global Human Resource Management Learning objectives • Summarize the strategic role of human resource management in international business. Firm success requires that HRM policies are congruent with strategy and with formal and […]

Chapter 11: Differentiating for Success I: Overview Every student brings his or her strengths, needs, and interests to the classroom. Because students’ achievement levels and preferred ways of learning vary, teachers modify instruction in three ways: They modify the content […]

Chapter 18 – Global Marketing and R&D 18-1 Global Marketing and R&D Learning objectives • Explain why it makes sense to vary the attributes of a product from country to country. can realize substantial unit cost reductions from experience curve […]

Chapter 10: Organizing for Instruction I: Overview There’s no one best way to teach reading and writing. Because students have diverse needs, effective teachers create balanced literacy programs by using two or more instructional approaches. Chapter 10 addresses four of […]

Chapter 17 – Global Production and Supply Chain Management 17-1 Global Production and Supply Chain Management Learning objectives • Explain why global production and supply chain management decisions are of central importance to many global companies. when they are performed […]

Chapter 9: Promoting Comprehension: Text Factors I: Overview Teachers should be aware of the structure of text so that they can help students become more successful readers and writers. Chapter 9 addresses three types of text: stories, informational books, and […]

Chapter 16 – Exporting, Importing, and Countertrade 16-1 Exporting, Importing and Countertrade Learning objectives • Explain the promises and risks associated with exporting. Exporting is not just for large enterprises; many small firms have benefited significantly from the moneymaking opportunities […]